Smaller paychecks coming - bosses say, don’t blame us

Source: Jose Pagliery, CNNMoney.com (Free Registration)

Everyone's paycheck is about to take a hit, and it's not the boss' fault. But some business owners say it's a tough talk to have.

The rate of workers' payroll taxes, which fund Social Security, has been 4.2% for the past two years. As of Jan. 1, it's back to 6.2%, on the first $113,700 in wages.

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taxes, jobs, employment, taxpayers, paychecks

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